Common use of Title to Assets and Properties Clause in Contracts

Title to Assets and Properties. Borrower has good and marketable title to all of its properties and assets except such imperfections in title, if any, that do not materially interfere with the present or proposed use of such property or otherwise materially impair business operations, free and clear of all Liens other than Liens permitted by Section 6.2(A).

Appears in 2 contracts

Samples: Credit Agreement (Ipalco Enterprises Inc), Credit Agreement (Ipalco Enterprises Inc)

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Title to Assets and Properties. Borrower has good and marketable title to all of its properties and assets owned as of the date of this Agreement and to all properties and assets acquired by Borrower hereafter except such imperfections in title, if any, that do not materially interfere with the present or proposed use of such property or otherwise materially impair business operations, free and clear of all Liens other than Liens permitted by Section 6.2(A).

Appears in 1 contract

Samples: Credit Agreement (Ipalco Enterprises Inc)

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Title to Assets and Properties. The Borrower has good and marketable title to all of its properties and assets except such imperfections in title, if any, that do not materially interfere with the present or proposed use of such property or otherwise materially impair business operations, free and clear of all Liens other than Liens permitted by Section 6.2(A).

Appears in 1 contract

Samples: Credit Agreement (Ipalco Enterprises, Inc.)

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